v3.25.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income:        
Non-control/Non-affiliate investments $ 149,118 $ 107,921 $ 419,229 $ 266,204
Interest on cash and cash equivalents 3,747 3,467 11,366 9,517
Total interest income 152,865 111,388 430,595 275,721
PIK interest income:        
Total PIK interest income 2,287 2,369 7,481 5,035
Fee income:        
Total fee income 380 752 3,693 2,403
Total investment income 155,532 114,509 441,769 283,159
Expenses:        
Base management fee 13,345 8,630 35,278 21,628
Investment income incentive fee 12,243 9,020 33,934 22,754
Capital gains incentive fee 100 (427) (2,372) 2,033
Professional fees 1,496 699 3,926 2,147
Class S and Class D distribution and shareholder servicing fees 2,658 1,958 7,523 4,853
Board of trustees fees 116 116 348 323
Organization expenses 3 4 5 8
Amortization of continuous offering costs 589 261 1,508 694
Interest expense 40,474 31,703 124,871 73,623
Administrator expense 556 377 1,162 1,096
General and administrative expenses 865 526 2,361 1,581
Total expenses 72,445 52,867 208,544 130,740
Expense reimbursements (support) (Note 9) 0 0 0 1,045
Net expenses 72,445 52,867 208,544 131,785
Net investment income before taxes 83,087 61,642 233,225 151,374
(Provision) benefit for taxes on net investment income (131) 0 (810) 0
Net investment income 82,956 61,642 232,415 151,374
Unrealized appreciation (depreciation):        
Non-control/Non-affiliate investments 29,592 (4,950) (4,609) 13,607
Foreign currency forward contracts (12,799) 1,752 (8,548) (541)
Net unrealized appreciation (depreciation) 16,793 (3,198) (13,157) 13,066
Realized gains (losses):        
Non-control/Non-affiliate investments 15,903 (486) 18,347 2,225
Foreign currency forward contracts (31,894) 427 (24,121) 1,516
Net realized gains (losses) (15,991) (59) (5,774) 3,741
Provision for income tax (expense) benefit (3) (158) (49) (543)
Net realized and unrealized gains (losses), net of taxes 799 (3,415) (18,980) 16,264
Net increase (decrease) in net assets resulting from operations $ 83,755 $ 58,227 $ 213,435 $ 167,638